Class A units now trading on the Toronto Stock Exchange
Distributions targetted at 6% per year
The exchanges ratios for the exchange offer by O’Leary Canadian Income Opportunities Fund 2 were announced Friday by O’Leary Funds Management LP.Montreal-based O’Leary Funds is the fund’s manager.The closing of the initial public offering of units of the fund is scheduled to occur on December 17.A table that sets out the exchange eligible issuers, securities, […]
Fund provides exposure to portfolio of U.S. energy infrastructure master limited partnerships
Fund aims to yield 6.5%
Maximum offering of $250 million of units
Fund targets distributions of 6% per year
Harvest Sustainable Income Fund has filed a preliminary prospectus with Canadian securities regulators for an offering of units.The fund, managed by Toronto-based Harvest Portfolios Group Inc., proposes to issue trust units at $12 per unit. The fund aims to provide unitholders with monthly distributions initially targeted to be 6.5¢ per unit, or 78¢ per year, […]
Sprott Physical Silver Trust has completed its initial public offering for gross proceeds of US$575 million, Sprott Asset Management LP said Wednesday.The 57.5 million units in the offering includes the exercise by the underwriters of their entire overallotment of 7.5 million units.The units are listed on the NYSE Arca (PSLV) and the Toronto Stock Exchange […]
O’Leary Founder’s Series Income & Growth Fund has completed its conversion into an open-end mutual fund as of the close of business on November 1, O’Leary Funds Management LP confirmed Tuesday.The name, investment mandate and distribution policy of the fund have not changed as a result of thecConversion. The trust units of the fund (TSX: […]